As summer winds down, the back-to-school season brings with it excitement, and expenses. Between uniforms, schoolbooks, lunches, and extracurricular activities, costs can quickly add up. Whether your child is starting primary school or heading off to college, a little planning can go a long way in keeping your finances on track. Here are some smart…
Read more
A great education is the best gift for your kids. Most parents put their best foot forward to provide for their children’s education, from primary school right through to third level. However, education is not cheap, and by the time teenagers reach the third level, there is high pressure on parents to fund their college…
Read more
When people think about financial risk, they often picture stock market crashes or economic downturns. But there’s a quieter, more persistent threat that could be doing more damage to your savings than you realise: inflation. Unlike market volatility, inflation doesn’t make headlines with dramatic swings. Instead, it quietly erodes the purchasing power of your money over…
Read more
Navigating financial planning can be a challenging task. Most people lack the knowledge as well as the expertise to make arrangements for financial uncertainties. An independent financial advisor becomes your guide in making the right financial decisions. Whether you’re looking for guidance to create a household spending plan, manage education expenses, or maximise returns on…
Read more
We are thrilled to announce that our team at Eolas Money is expanding and we are excited to welcome Aislinn White to our advisory team. Aislinn brings a wealth of knowledge, having qualified as a QFA in June 2024. She is currently furthering her expertise by pursuing a Graduate Diploma in Financial Planning with Institute…
Read more
After much flipflopping around tariff policies in Q1, President Trump announced far-reaching import taxes on “Liberation Day”. They were higher than even the most pessimistic forecasts, with a minimum 10% tariff on all goods imports as well as “reciprocal” tariffs. Taken together they were estimated to push up America’s effective tariff rate to 22% from…
Read more
Recently, no doubt prompted by the school summer holidays, we have received a lot of queries from clients looking for advice on how to introduce some version of pocket money for their younger children, those who are not old enough to find part-time work themselves, as a reward for household or garden chores carried out.…
Read more
At the National Pensions Summit last February, Minister for Social Protection Heather Humphreys outlined the planned introduction of pension auto enrolment to be effective from 01st January 2025 and we now outline some key takeaways of Auto enrolment. Currently, only about 35% of the private sector workforce actively contribute to a supplementary pension scheme, and…
Read more
Finance Bill 2023 introduced a temporary one-year Mortgage Interest Tax Credit to help those who experienced huge increases in their mortgage interest bills during 2023 as a result of the series of interest rate rises from July 2022 on. We have attached a video to a short video from Brendan setting out the details on how this relief operates.
Finance Act 2022 was passed on 15 December 2022 and the new BIK free employer PRSA contributions are now in force since 1 January 2023. A Brief Summary of the changes as follows: Prior to 01st January 2023, an employer contribution paid to an employee or Director’s PRSA was a deemed to be a Benefit…
Read more
